Refer to Figure 13.2. If Oliver's political views place him at the L4 position and George's political views place him at the C4 position, the winner of the election will be
A) Oliver Cousins.
B) George Glass.
C) The vote will end in a tie.
D) It is uncertain who will win this election.
D
Economics
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Refer to the payoff matrix. Suppose that Speedy Bike and Power Bike are the only two bicycle manufacturing firms serving the market. Both can choose large or small advertising budgets. If this is a one-time, simultaneous game, which cell represents the final outcome we would expect to occur?
A. A.
B. B.
C. C.
D. D.
Economics
The U.S. Treasury estimates that between _______ and _______ of the U.S. currency is held outside the United States.
Fill in the blank(s) with the appropriate word(s).
Economics